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13101 Wyndale Dr Bayonet Point, FL 34667

3 Beds 2 Baths 1,817 sqft Built 1985

$219,900

List Price

$1,590

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $121.02
  • 2 Days on Market
  • MLS # : U8108737
  • Updated Date : 01/09/2021 at 15:50
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,817 sqft
  • Baths : 2 full
Listing Agent

Century 21 East Lake Realty

Listing Agent's Description

Pasco County's Desirable Greenside Village of Beacon Woods: The Hearthstone Model, 3 bedroom, 2 bath, 2 car garage, 1817 heated square feet of living space provides 3 sets of glass sliders that open to a spacious 11x21 screened patio lanai with vinyl sliders over looking a private back yard, an open patio for sunbathing and outdoor grilling - with a golf course view. Original Owner with Pride of Ownership best describes this comfortable home. Features include: split bedroom floor plan, cathedral ceilings, neutral carpet and tile, spacious eat in kitchen with built in desk, breakfast bar, and plant shelving; large master suite with walk in closet, his and her sinks, private water closet, tub and separate walk in shower stall; Security System, Hurricane Shutters, Transferable Termite Protection Policy to January 2022, Water Softener (Leased). Beacon Woods Civic Association provides a Club House, 18 hole Golf Course, Heated swimming pool, fitness center, an auditorium for dances, entertainment, shows, speakers, cultural events, extra rooms for cards games and monthly board meetings are held. The auditorium has a kitchen, can be rented by owners and residents for private parties and celebrations. Outside activities include: tennis, bocce ball, and basketball courts; playground and picnic areas. Access to major roads for commute to Tampa and surrounding areas, close to shopping, restaurants, parks and 3 miles to the Gulf of Mexico. *Some Furniture available for purchase*

SEE MORE

MARKET HIGHLIGHTS

  • 2nd Best City for Young Entrepreneurs (Forbes)
  • Florida state ranks 4th most favorable in the country in State Business Tax Climate Index (Tax Foundation, 2019). Tampa inherits the rank being part of Florida.
  • Tampa's economy is worth over $156 billion in Gross Metro Product and projected to grow to $165 billion in 2019 (USMayors.org, 2018)
  • Headquarters to several Fortune 1000 companies: Publix Super Markets, Tech Data, Jabil Circuit, WellCare Health Plans, Raymond James Financial, Bloomin’ Brands, HSN, and TECO Energy (Fortune, 2018)
  • #8 in America's Fastest Growing Cities (Forbes, 2018)
  • Tampa metro employment growth is at 2.6% and predicted to grow at 2.1% in 2019 (USMayors.org, 2018)
  • One of the best cost-friendly American cities to do business (KPMG)
  • Tampa metro contributes to 15.4% of Florida state economy i.e. Gross State Product (USMayors.org, 2018)
  • #2 in Homebuilding Prospects #10 in Overall Real Estate Prospects (Emerging Trends in Real Estate 2019, PWC)

PRICE & RENT TRENDS

Neighborhood: Beacon Woods Greenside Village

NeighborhoodNIR Market*CityMarket2010Year2000201960k80k100k120k140k160k180k200k220k240kPrice in $55k246k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Beacon Woods Greenside Village

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7391590

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Hudson Elementary School Primary Regular 604 45 1
Hudson Middle School Middle Regular 743 51 3
Fivay High School High Regular 1,320 81 4

Hudson Elementary School

  • Education Level: Primary
  • # of students: 604
  • # of teachers: 45
1
GreatSchools Rating

Hudson Middle School

  • Education Level: Middle
  • # of students: 743
  • # of teachers: 51
3
GreatSchools Rating

Fivay High School

  • Education Level: High
  • # of students: 1,320
  • # of teachers: 81
4
GreatSchools Rating
 

$197,910$241,890$219,900

PURCHASE PRICE

$1,431$1,749$1,590

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,590
EXPENSES Loan Payment -$764
Property Tax -$104
Property Insurance -$142
HOA -$24
Property Management Fees -$129
CASH FLOW
$427

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$219,900

PROJECTED PRICE

$1,590

PROJECTED RENT

0.72%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.87%
Appreciation Year (1-5) 8.1%
Maintenance Year (1-5) 8.00%
Vacancy 5.25%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$64,024

INVESTMENT

$64,024

Down Payment
$54,975
Rehab Estimate
$5,750
Closing Costs
$3,299

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 20% down payment or higher enables the proceeds from the asset to cover all costs.

$764

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $54,975
Loan Amount $164,925
See What Happens When You Reinvest Cash Flow

14.83

YEARS SAVED

$53,591

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,590

    LIST RENT
  • $0.88

    LIST RENT PER SQFT
  • $1,713

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$1,529
1$1,5292$1,5453$1,5904$1,6955$1,750
$1,750
RENT COMPS ANALYSIS
  • 13101 Wyndale Dr Bayonet Point, FL 3
    • 3 beds 2 baths ∙ 1,817 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,817 Sqft ∙ Built 1985
    • Rent
    • Rent Per SQFT
    •  
    • $1,590
    • $0.88
    •  
  • 8906 Whistler Way Hudson, FL 1
    • 3 beds 2 baths ∙ 1,735 Sqft ∙ Built 1991 3 beds 2 baths ∙ 1,735 Sqft ∙ Built 1991
    LEASED 06/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,529
    • $0.88
    •  
  • 13748 Meade Ct Hudson, FL 2
    • 3 beds 2 baths ∙ 1,643 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,643 Sqft ∙ Built 2004
    LEASED 09/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,545
    • $0.94
    •  
  • 7900 Willow Brook Ct Hudson, FL 4
    • 3 beds 2 baths ∙ 1,772 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,772 Sqft ∙ Built 1981
    LEASED 12/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.96
    •  
  • 12817 Ironwood Cir Hudson, FL 5
    • 3 beds 2 baths ∙ 1,771 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,771 Sqft ∙ Built 1976
    LEASED 01/04/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.99
    •  
PROPERTY LISTING DETAILS
Sandra Harris
1.727.365.3930
Century 21 East Lake Realty
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: U8108737
Last Updated: 01/09/2021
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